CEDAR WOODS PROPERTIES LIMITED — Major Shareholding Notification 2012

May 23, 2012

24 May 2012

Company Announcements Office Australian Securities Exchange Limited 20 Bridge St Sydney NSW 2000 VIA ASX Online

Dear Sir / Madam

Notice of change of interests of substantial holder

Please find attached a 'Notice of change of interests of substantial holder' for Mr William Hames.

Yours sincerely,

Paul Freedman COMPANY SECRETARY

Form 604

Corporations Act 2001 Section 671B

Notice of change of interests of substantial holder

Io Company Name/Scheme	Cedarwoods Properties Limited
ACN/ARSN	A.C.N.009259 081
1. Details of substantial holder(1) Name ACN/ARSN (if applicable)	Annexure A $\mathsf{Sec}$
There was a change in the interests of the substantial holder on The previous notice was given to the company on The previous notice was dated	। চ 05,0012 03 08 1995

2. Previous and present voting power

The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate (2) had a relevant interest (3) in when last required, and when now required, to give a substantial holding notice to the company or scheme, are as follows:

Class of securities (4)	Previous notice		Present notice
	Person's votes	Voting power (5)	Person's votes	Voting power (5)
nedinary		46

3. Changes in relevant interests

See Annexure A

Particulars of each change in, or change in the nature of, a relevant interest of the substantial holder or an associate in voting securities of the company or scheme, since the substantial holder was last required to give a substantial holding notice to the company or scheme are as follows:

Date of change	Person whose relevant interest changed	Nature of change (6)	Consideration given in relation to change (7)	Class and number of securities affected	Person's votes affected

4. Present relevant interests

Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows:

Holder of relevant interest	Registered holder of securities	Person entitled to be registered as holder (8)	Nature of relevant interest (6)	Class and number of securities	Person's votes

5. Changes in association

The persons who have become associates 121 of, ceased to be associates of. or have changed the nature of their association (9) with. the substantial holder In relation to voting interests in the company or scheme are as 10/10ws: ,^;'ee. .. ^,,,,,,,.,,. cc. _ A'

Na d A CN /A RS N lit pli ble ) me an ap ca	Na ala iai ion tu re ss oc
6. Ad dr es se s	,\ A A ^ ^ ^ ^ ,^ e c e < '^ ^ e e

	A ,\ ^ ^ ^ ^ ,^ e c <	A e
--	--------------------------------------------------	--------

The addresses of persons named in this form are as follows:

Na me	Ad dre ss

Signature

pri nt na me	I ^ ^ n n , , , ,	, , , , , ,	\ O i j^ l -I t t c a p a c e e x ~
si h gn er e	,	, ,	Z ,'^ ' 2 1 ;^ ,5 7 m m s : ;~ z -, ,

DIRECTIONS

• If there are a number of subsianiial holders with similar or related relevant interests (eg. a co, poralion and its related corporations. or the manager and mustee of an equity trusty, the names could be included in an annexure to the form. lithe relevantinteiesis of a group of persons are essentially similar. they may be referred 10 throughoutthe form as a spycilically named group ifihe membership oreach group. with the names and addresses of mein be, s is clearly set out in paragraph 6 @1the form.
• (2) See the definition of "associa!e" in section 9 of the Corporations ACL 2001
• (3) See the definition of 'relevant .riterest' in sections 608 and 671B(71 o11he Corporations Act 2001.
• (4) The voiing shares of a company constitute one class unless divided into separate classes
• (5) The person's votes divided by the total votes in the body corporate or scheme multiplied by 100
• (6) include details of;
• (aj any relevant agreement or other circumstances because of which the change in relevant interest occurred. If subseciion 671Bj4) applies. a copy of any document setting culthe terms of any relevani agreement. and a statement by the person giving full and accurate demils of any contract. scheme or arrangement. must accompany this form. logeiheiwiih a wilt!en statement certifying this contract. scheme or arrangement; and
• any qualification o11he power o1 a person 10 exercise, con!, o1 the exercise of. or influence the exercise of. the voting cowers or disposal of the securities to which the relevant Interest ,o1aies Indicating clearly the particular securities to which the qualification applies) toI

See the definition of', devanL agreemen!' in sec!ion 9 OILhe Corporations Act 2001

• Details of the consideration must Include any and all benefits. money and other. Ihai any person from whom a relevant interest was acquired has. or may. become entitled to receive in relation ID that acquisition. Details must be included even illhe benefit is conditional on the happening or nutofa contingency Details must be included orany benefit paid on behallof the substantial holder or its associate in relation 10 the acquisitions. even ifthey are not paid directly to the person from whom the relevant interest was acquired.
• If me substantial holder is unable 10 determine the identity of the person (eg. if the relevant interesia, ises because clan option) write 'unknown".
• Give details, if appropriate, o11he present associauon and any change in that association since the last substantial holding notice.

This is Annexure A of 6 pages referred to in Form 604 - Notice of change in interests of substantial holder

To: Cedarwoods Properties Limited IA. C. N. 009 259 Oar)

,.. Detailsofsubstantialholder:

N am e	A . C . N . ( if A lic ab le ) pp
(H a) H sh N in Pt Lt d sh am a om ee s y am	00 8 16 9 80 7
G W ill ia H m eo rg e am es	N /A
H Ie K P ( io l H eI K H ) to e n oy n pr ev us en am es y	N /A
Jo ia H ol di Pt Lt d ( ia ) ng s , o y	08 1 00 3 36 7

Changes in relevant interests

Table I. : Changes to Relevant Interest for William George Hames

D of at e ch an ge	N fc ha tu a re o n g e	C id tio o ns e ra n iv in la tio to g e n r e n	C la nd be ss a n um r f rit ie o se cu s	P n' te er so s vo s af fe ed ct
		ch ge an	af fe ed ct
/1 1/ 12 20 03	P ch ed ur as	\$ 14 ,4 17 .9 8	rd in o a ry
			10 ,0 00	10 ,0 00
1/ /2 2 04 00 6	D iv id d en	\$2 1 ,1 80	rd in o a ry
	R ei t m it nv es er S P la d ha re n an P ch P la ur as e n		64 8 5,	5, 64 8
/1 1/ 15 20 07	O ff- rk et le m a s a	\$ 17 ,0 70 .7 3	rd in o a ry
			(1 ) 0 ,6 93	(1 ) 0 ,6 93
29 /1 0/ 20 08	O ff- rk le et m a s a	\$ 16 ,2 82 .6 8	rd in o a ry
			(8 ,6 6 1 )	(8 ) ,6 6 1
/0 4/ 29 20 11	B S ha P la on us re n	\$ 26 ,3 32 .8 8	rd in o a ry
			5 57 9	9 5 57
3/ 1/ 0 12 0 11	B S ha P la on us re n	\$ 29 ,3 96 .2 7	rd in o a ry
			8 42 3

D of at e ch ge an	N fc ha tu a re o n g e	C id tio o ns e ra n iv in la tio to g e n r e n ch an ge	C la nd be ss a n um r f rit ie o se cu s af fe ct ed	P n' te er so s vo s af fe ed ct
/0 4/ 30 20 12	B S ha P la o n us re n	\$ 2 ,8 6 .0 0 7 7	rd in o a ry 8, 08 0	8 ,0 80
/0 5/ 18 20 12	S S ci al ha pe re O ff e r	\$ 15 ,0 00 .0 0	rd in o a ry 4 34 7	4 ,3 47

Table 2: Changes to Relevant Interest for, oia Holdings Pty Ltd

of D at e	N fc h tu a re o a n g e	C id tio n o ns e ra	C la nd be ss a n um r	P n' te er so s vo s
ch ge an		iv in la tio to g e n r e n	f rit ie o se cu s	af fe ed ct
		ch an ge	af fe ed ct
25 /0 5/ 19 98	P ch ur as e	\$ 19 6 ,4 32 .2 0	rd in o a ry
			23 2 ,0 00	23 2 ,0 00
/0 5/ 25 19 99	O ff rk et -m a	\$ 12 0 ,6 10 .6 0	rd in o a ry
	ha pu rc se
			14 0, 00 0	14 0, 00 0
7/ 8 10 19 99	P ch ur as e	\$8 ,6 0 1. 52	rd in o a ry
			10 ,0 00	10 ,0 00
1/ /2 2 04 00 6	D iv id d en	\$ 26 ,9 17 0 .5	rd in o a ry
	R ei it t m nv es er
	P la d S ha n an re		7, 17 8	7 1. 78
	P ch P la n ur as e
/0 3/ 14 20 07	O ff rk et -m a	\$ 32 0 ,0 00 .0 0	rd in o a ry
	ha se pu rc
			85 6 1 ,5	85 ,5 6 1
/0 4/ 20 20 07	D iv id d en	\$ 33 ,2 25 .9 7	rd in o a ry
	R ei it t m nv es er
	Pl an		6 76 7	6 76 7
19 /1 0/ 20 07	D iv id d en	\$4 8 ,1 52 .2 3	rd in o a ry
	R ei rit tm nv es e
	P la n O ff rk		10 ,2 67	10 2 67
15 /1 1/ 20 07	et -m a	\$ 17 ,0 70 .7 3	rd in o a ry
	ha pu rc se
/0 3/ 26 20 08	P ch ur as e		3. 0 69 3	10 ,6 93
		\$ 2 1 ,1 80 .0 0	rd in o a ry
			6 00 0	6 00 0
/2 11 04 00 8	P ch e ur as	\$ 17 ,2 50 .0 0
			rd in o a ry
			5 ,0 00	5 00 0
/1 0/ 29 20 08	O ff rk et -m a	\$ 16 ,2 82 .6 8	rd in
	ha pu rc se		o a ry
			8 66 1	8, 66 1

D of at e	N of ha at e ur e c ng	C si de tio on ra n	C la nd be ss a n um r	P n' te er so s vo s
ch an ge		iv in la tio to g e n r e n	of iti s ec ur es	af fe ed ct
		ch an ge	af fe ed ct
3/ 1/ 0 12 00 8	D iv id d en	\$ 49 ,1 76 .6 7	rd in o a ry
	R ei it t m nv es er
	Pl an		27 4 73	27 4 73
3/ 1/ 0 12 00 9	D iv id d en	\$3 8 ,4 7 1. 73	rd in o a ry
	R ei tm rit nv es e
	P la n		17 ,5 67	17 5 67
/0 4/ 30 2 0 10	D iv id d en	\$2 8 ,3 60 . 6 . ,	rd in o a ry
	R ei rit tm nv es e
	Pl an		10 ,9 92	10 ,9 92
17 /0 5/ 20 10	O ff rk et -m a	\$ 1 ,0 60 ,0 00 .0 0	rd in o a ry
	ha se pu rc
			40 0 00 0	40 0 00 0
LO /1 0/ 29 20	D iv id d en	\$ 78 ,2 5 1. 23	rd in o a ry
	R ei t m it nv es er
	P la n		25 ,4 89	25 4 89
/0 4/ 29 20 11	D iv id d en	\$ 11 0 ,4 00 .8 0	rd in o a ry
	R ei rit tm nv es e
	Pl an		23 ,3 90	23 ,3 90
3/ 1/ 0 12 0 11	D iv id d en	\$ 12 3 ,2 42 .3 7	rd in o a ry
	R ei it t m nv es er
	Pl an		35 3 13	35 3 .3
/0 4/ 30 20 12	D iv id d en	\$ 1. 16 ,8 61 .8 5	rd in o a ry
	R ei rit tm nv es e
	Pl an		33 8 73	33 ,8 73

Table 3: Changes to Relevant Interest for Hamsha Nominees Pty Ltd

D of at e ch ge an	N fc h tu a re o a n g e	C id tio n o n s e ra iv in la tio to g e n r e n ch an ge	C la nd be ss a n um r f rit ie o se cu s af fe ct ed	P n' te er so s vo s af fe ed ct
/1 1/ 27 19 95	P ch ur as e	\$4 5 ,5 17 .5 0	rd in o a ry
			10 0 00 0	10 0 00 0
/1 1/ 27 19 98	D iv id d en R ei it t m nv es er	\$ 48 3 ,2 4 1. 20	O rd in a ry
	P la n		6 19 ,5 40	6 19 5 40
/0 5/ 25 19 99	O ff- rk le et m a s a	\$ 12 0 ,6 10 .6 0	rd in o a ry
			(1 40 ,0 00 )	(1 ) 40 ,0 00
11 /2 /2 00 0	D iv id d en R ei rit tm nv es e	\$ 19 ,6 02 .3 4 5	rd in o a ry
	Pl an		34 3 1. 62	34 3 16 2

Date of	Nature of change	Consideration	Class and number	Person's votes
change		given in relation to	of securities	affected
		change	affected
27/11/2003	Off-market	Not Applicable	ordinary
	transfer to Helen
	K Poynton		(2,500,000)	(2,500,000)
	(Previously Helen
	K Hames).
	Securities held by
	Helen K Poynton
	to which voting
	rights are held by
	William G Hames
21/04/2006	Dividend	\$267,787.50	ordinary
	Reinvestment
	Plan and Share		71,410	71,410
4/05/2006	Purchase Plan Off-market
	purchase	\$320,000.00	ordinary
			85,561	85,561
14/03/2007	Off-market sale	\$320,000.00	ordinary
			(85, 561)	(85, 561)
20/04/2007	Dividend	\$310,420.02	ordinary
	Reinvestment
	Plan		63,222	63,222
19/10/2007	Dividend	\$449,785.14
	Reinvestment		ordinary
	Plan
			95,903	95,903
31/10/2008	Dividend
		\$459,383.81	ordinary
	Reinvestment Plan
			256,639	256,639
30/10/2009	Dividend	\$339,528.84	ordinary
	Reinvestment
	Plan		155,036	155,036
6/11/2009	Off-market	\$421,454.22	ordinary
	transfer purchase
			192,445	192,445
30/04/2010	Dividend	\$259,896.30	ordinary
	Reinvestment			100,735
	Plan		100,735
29/10/2010	Dividend Reinvestment	\$423,887.18	ordinary
	Plan		138,074	138,074

D of at e ch an ge	N of ha at e ur e c ng	C id tio n o ns e ra iv in la tio to g e n r e n ch an ge	C la nd be ss a n um r of iti s ec ur es af fe ed ct	P n' te er so s vo s af fe ed ct
/0 4/ 29 20 11	D iv id d en R ei it t m nv es er	\$5 98 ,0 33 .4 4	rd in o a ry
	P la n		12 6 ,7 02	1. 26 7 02
3/ 1/ 0 12 0 1T	D iv id d en R ei rit tm nv es e	\$ 66 ,6 09 .0 8 7	rd in o a ry
	Pl an		19 1 ,2 92	1. 91 2 92
/0 4/ 30 20 12	D iv id d en R ei rit tm nv es e	\$ 63 3 ,0 12 .9 0	rd in o a ry
	Pl an		18 3, 48 2	18 3 48 2

Table 4: Changes to Relevant Interest for HeIen K Poynton

N fc h tu a re o a n g	C id tio o n s e ra n iv in la tio to g e n r e n ch ge an	C la nd be ss a n um r of iti s ec ur es af fe ed ct	P n' te er so s vo s af fe ed ct
O ff rk et -m a	N A lic ab le ot	rd in o a
sf H Ie tr to an er e n
K P nt oy on		2 50 0 00 0	2 00 ,0 00 ,5
S iti h el d b ec ur es y
H Ie K Po to e n yn n
w v g
G W ill ia H m am es
T he ha se s re s ar e		rd in o a
de r H Ie K un e n
P 's nt oy on n am e		(2 ) 35 ,1 10	(2 ) 35 , ^ 10
G W ill ia H m am es
ot e es n av
vo g g s ov e r th sh es e ar es
O ff- rk le et m a s a	\$3 20 ,0 00 .0 0	rd in o a ry
		5 6 1	(8 ) 5 ,5 6 1
O ff- rk le et m a s a	\$ 1 ,0 60 ,0 00 .0 0	rd in o a ry
			(4 ) 00 ,0 00
	hi ch in to ot ri gh h el d b ts a re y do h tin ri ht	e pp	ry ry (8 ) ,5 (4 00 ,0 00 )

Present relevant interests

H ld of o e r le nt re va in te st re	R is d te eg re ho ld of e r rit ie se cu s	P er so n itl d nt to e e be is d te r eg re ho ld of e r rit ie se cu s	of N at ur e le nt re va in te st re	C la ss	N be of um r S iti ec ur es	P n' er so s te vo s
H sh a am N in Pt om ee s y Lt d	H sh am a N in om ee s Pt Lt d y	H sh am a N in om ee s Pt Lt d y	R is d te eg re ho ld nd er a tin ri gh ts vo g	O rd in a ry	5 ,9 38 ,1 72	5, 93 8, 17 2
m W ill ia G e eo rg H am es	W ill ia in G e eo rg H am es	m W ill ia G eo rg e H am es	R is d te eg re ho ld nd er a tin ri gh ts vo g	O rd in a ry	26 ,8 33 5	26 83 3 5,
m W ill ia G eo rg e H am es	H Ie K e n P nt oy on	He Ie K n P nt oy on	m W ill ia H h am es as tin ri gh ts vo g he t ov er se sh ar es	O rd in a ry	2 ,0 14 ,4 39	2 ,0 14 ,4 39
Jo ia H ol di ng s Pt Lt d y	10 ia H ol di ng s Pt Lt d y	Jo ia H ol di ng s Pt Lt d y	R is d te eg re ho ld nd er a tin ri gh ts vo g	O rd in a ry	1, 09 6 22 4	1, 09 6, 22 4

5. Changes in association

. C ( N d A . N if pl ic ab le am e an ap	N of ia tio at ur e a ss oc n
H eI K P ( io l H e! K H ) nt en oy on pr ev us y en am es	G W ill ia H h in ri gh ot ts m eo rg e am es as v g o ve r
	sh is d de H Ie K P te nt ar es r eg re un r e n oy on
10 ia H ol di Pt Lt d ng s y	G W ill ia H is D ire nd ct m eo rg e am es a or a
	f sh eh ol de 10 ia H ol di Pt Lt d ar r o ng s y

Addresses

N am e	A dd re ss
H sh N in Pt Lt d am a om ee s y	P O B 4 /6 , S ub ia , W A 6 00 8 ox co
G W ill ia H m eo rg e am es	S S 29 R id th P th , W A 6 15 1 tr t, ge ee ou er
H eI K P nt on en oy	. O P B 7 6 1 , M R iv W A 6 28 5 t ox ar ga re er
Jo ia H ol di Pt Lt d ng s y	P O B /6 , S ub ia , W A 4 6 00 8 ox co

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